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Economic 5 pts Suppose a corporate tax is levied on cash earnings minus labor costs. As a result, O the return per dollar of investment
Economic
5 pts Suppose a corporate tax is levied on cash earnings minus labor costs. As a result, O the return per dollar of investment per period is smaller for a given level of investment than it would be without the tax. the marginal cost of investment is higher than it would be without the tax. O firms invest more than they would without the tax. O the return per dollar of investment per period is larger for a given level of investment than it would be without the taxStep by Step Solution
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